Arconic Corp. Salaried 401(K) Plan — Form 5500 plan (Arconic Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Arconic Corp. Salaried 401(K) Plan is a benefit plan reported by Arconic Corporation under EIN 84-2745636 and plan number 001. The latest loaded filing year is 2023. The filing reports 3,915 participants and $712,018,496 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$712MPlan net assets, end of year$712,018,496
Participants3.9KCovered participants reported3,915
Assets / participant$181.9KComputed: assets ÷ participants$181,869 (computed)
Provider compensation$559K4 Schedule C provider row(s)$558,985
Plan sponsor
Arconic Corporation
EIN
84-2745636
Plan number
001
Plan type
2
Location
Pittsburgh, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,915H, C20241014144543NAL0015132067001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$712M total assets
Net assets$712MLiabilities$0
Money in vs. money out
Total income / additions$152.5M
Total expenses$95.8M
Benefits paid / distributions$95.2M
Contributions
Employer$19M
Participant$19.1M
Full reported line items

Net assets

Total assets (EOY)
$712,018,496
Total liabilities (EOY)
$0
Net assets (EOY)
$712,018,496
Net assets (BOY)
$652,879,513

Income & contributions

Employer contributions
$18,956,976
Participant contributions
$19,123,293
Total contributions
$45,227,388
Total income / additions
$152,461,843

Expenses & distributions

Benefits paid
$95,215,248
Administrative expenses
$559,976
Total expenses
$95,781,286
Net increase / (decrease)
$56,680,557
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 50%Participant 50%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income62%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$384,926not reported in the loaded dataset2023
Pricewaterhousecoopers LlpACCOUNTANT/AUDITOR$89,074not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$51,985not reported in the loaded dataset2023
Capfinancial Partners, LLCINVESTMENT ADVISOR$33,000not reported in the loaded dataset2023

Related Form 5500 pages